Former Lordstown Motors CEO settles with the SEC

Steve Burns, the former founder, chairman, and CEO of Lordstown Motors, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) regarding allegations of misleading investors about the demand for the company’s all-electric Endurance pickup truck. As part of the agreement filed with the U.S. District Court for the District of Columbia, Burns […] source: https://www.cryptopolitan.com/former-lordstown-motors-ceo-settles-with-sec/